Summary - Lysaght Avenue, Newport, NP19 NP19 4DE
1 bed 1 bath Flat
Turn-key first-floor apartment with parking, long lease and easy M4 access.
Allocated off-street parking space included
Modern open-plan living room with contemporary fitted kitchen
Double bedroom with built-in wardrobes
Leasehold with c.116 years remaining
Annual service charge around £1,800
Annual ground rent £200
Slow broadband speeds in the area
Located in a very deprived local area (affects resale/rental potential)
This modern one-bedroom first-floor apartment on Lysaght Avenue offers low-maintenance, turn-key living ideal for first-time buyers or investors. The open-plan living area incorporates a contemporary fitted kitchen with integrated appliances, and a double bedroom with built-in wardrobes provides practical storage. EPC B and mains gas central heating give reasonable running costs.
Practical advantages include an allocated off-street parking space, excellent mobile signal, no flood risk and straightforward access to the Southern Distributor Road for routes to the M4. The building appears well maintained and the communal grounds are attractively landscaped.
Buyers should note this is a leasehold apartment with c.116 years remaining (original 125-year term from 2017). Annual costs include a service charge of about £1,800 and ground rent of £200. Broadband speeds in the area are reported as slow and the wider locality is in a very deprived area, which may affect resale values and local services.
Overall this apartment presents a convenient, modern home or a lettable investment with low upkeep and good transport links. The long lease and EPC rating are positives, but factor in the service charge, ground rent and local socio-economic profile when deciding suitability.
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